I use Price and Time for my entry, together with additional confirmations (if I find required). Price level is usually not enough for me to enter the position.
Let's see how it plays out -> Attachment 2460

I was referring to this trade ... please help us understand your thought process

I was referring to this trade ... please help us understand your thought process

Deep retracement into S/D zone + harmonic pattern, entry from M1+price reacted strongly on this level within the XA swing. Enough arguments for me to go for this low risk/great RR type of trade. Ended up with a loss unfortunatelly, but taking losses is part of this game :-)

Was just watching Scott Carney video on the RSI divergence and got inspired to fill a short post regarding the divergence as confirmation method for the butterfly pattern trading. More examples and theory on the topic to follow, but you may be interested to check this already -> Confirmation Techniques for the Butterfly pattern: Divergence

Was just watching Scott Carney video on the RSI divergence and got inspired to fill a short post regarding the divergence as confirmation method for the butterfly pattern trading. More examples and theory on the topic to follow, but you may be interested to check this already -> Confirmation Techniques for the Butterfly pattern: Divergence

EUR USD H4,
Revising PRZ's in conjunction with S&D's, Pending on Estochastic Divergence, Waiting for FIB Time Zones and S/D, PRZ to enter, valid for a bat retracement pattern, but I also see a very good RR for butterfly if first Zones bust through.